U.S. Government officials have finalized settlement deal worth as much as $26 billion of alleged foreclosure abuses by lenders. The agreement covers five banks: Ally Financial, Bank of America, Citigroup, J.P. Morgan Chase, and Wells Fargo.

In corporate news,

PepsiCo declined 3.7% after giving a 2012 earnings outlook that was below current estimates.

Groupon plunged 14%. The company reported a slight fourth-quarter loss.